MJL Bangladesh has determined to change its outdated oil tanker, MT Omera Legacy, with a fresh Aframax oil tanker.
This acquisition will enhance the firm’s transportation capabilities and positively affect its total industry recount.
Fixed with the inventory exchange disclosure as we assure time (25 November), the Aframax tanker, though 2nd-hand, has a mountainous potential of approximately 1,15,000 deadweight tonnes. It is around 12-13 years outdated and has been priced between $Forty five million and $47 million.
Fixed with the monetary plan, MT Omera Legacy is a outrageous oil tanker owned by MJL Bangladesh, acquired in October 2017. It is managed and operated collectively by Thome Ship Management, a Singapore-primarily based mostly firm, and EC Bulk Carriers, a Bangladeshi agency, below a mounted-charge agreement.
This tanker is the largest Aframax oil tanker owned by a Bangladeshi firm and proudly flies the Bangladeshi flag. Its vital trading routes are the Persian Gulf and the Arabian Sea.
MJL Bangladesh owns a recount-of-the-art lube oil blending plant and presents excessive-performance lubricants, grease products, and other modern vitality solutions. These products are equipped in the native market, with some also being exported internationally.
Within the vital quarter (July- September) of the most modern fiscal year, the firm reported a 27% income recount in contrast with the identical interval closing year.
On this quarter, the firm made consolidated income of Tk1,245 crore, which used to be Tk917 crore three hundred and sixty five days ago.
Its consolidated income after tax stood at Tk113.20 crore, which is elevated than Tk90.73 crore in contrast with the earlier year.
During this era, earnings per piece stood at Tk3.43, up from Tk2.70 in the identical quarter of the earlier year. As of September 30, 2024, the secure asset mark per piece used to be recorded at Tk51.46.
